ATTACHMENT I
COUNCIL BUDGET & FINANCE COMMITTEE MEETING
Meeting Minutes of April 20, 2022
Call to Order: 5:02 p.m.
Members Present: Mayor Barbara Halliday, Councilmember Aisha Wahab, Councilmember Sara Lamnin
Members Absent: None
Staff: Kelly McAdoo, Regina Youngblood, Dustin Claussen, Nicole Gonzales, Nicholas Mullins, Rick Rivera, Crissy Mello, Nick Tabari
Guests: Didacus Ramos, Public Bank East Bay
George Syrop, Public Bank East Bay
Debbie Notkin, Public Bank East Bay
Susan Harman, Public Bank East Bay
Public Comments: None
1. Approval of Meeting Minutes from March 16, 2022
Action: Motion was made by Councilmember Wahab to approve the minutes of March 16, 2022, Council and Budget Finance Committee meeting minutes. Motion was seconded by Councilmember Lamnin and passed with unanimous approval.
2. Public Bank East Bay Viability Study (Presentation by Public Bank East Bay)
Director Claussen introduced Didacus Ramos, George Syrop, and Debbie Notkin of Public Bank East Bay. The Public Bank East Bay representatives presented an overview of the findings from their recent Viability Study. Public Bank East Bay requested that the Committee forward a resolution supporting the creation of a public bank to the City Council, and that Council recommend the Alameda County Board of Supervisors move forward on supporting and capitalizing the Public Bank of the East Bay.
Action: The Committee received the presentation and provided feedback. Motion was made by Councilmember Wahab to move the resolution and recommendation to the City Council for consideration. Motion was seconded by Councilmember Lamnin and passed unanimously.
3. City Tax Generating Revenue Review and Discussion
Director Claussen provided a report regarding the City’s tax-generating revenues and community satisfaction survey results associated with support of establishing a parcel tax.
Action: The Committee received the presentation and provided feedback. Staff will continue to monitor revenues and present the Committee with options as circumstances evolve.
4. FY 2023 Proposed Budget and Saturday Budget Work Session
Deputy Director Gonzales provided the Committee with an update on the status of the Proposed FY 2023 Budget and a preliminary schedule for the Saturday, May 14, 2022, Budget Work Session.
Action: The Committee received the report.
5. Review and Approve the FY 2022 Agenda Planning Calendar
The Committee reviewed the FY 2022 Agenda
Action: Mayor Halliday requested further discussion and examination of the Community Foundation on a future agenda. Councilmember Lamnin requested that discussions regarding exercising the TOT adjustment option, reauthorization of Measure C, and continued monitoring of Public Banking be considered in FY 2023.
Committee Members/Staff Announcements:
None
Adjournment: The meeting was adjourned at 6:46 p.m.